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House Passes 2nd COVID-19 Appropriations Package, Next Senate

Despite earlier push back, the House passed fixes to its financial relief package Monday night by Unanimous Consent. Conservative Senate Republicans also voiced concerns, specifically about the small business leave provisions. Those requirements for paid leave were apparently tweaked by tightening eligibility in some areas. It restricts paid family leave to $200 per day or $10,000 total. It also provides more generous tax credits to employers for providing paid leave than the initial bill.

The package, which still has no official cost estimate, would extend unemployment insurance, increase federal Medicaid spending, offer nearly $1 billion in additional food aid, provide free coverage for coronavirus testing, and more.

The measure now moves to the Senate  which is expected to take up the measure (HR 6201) today to cushion the economic blow of the COVID-19 pandemic.

 

3rd COVID-19 Package Being Discussed

The government’s economic stimulus is set to quickly balloon into trillion-dollar territory in the coming days, the largest rescue in modern American history, as major industries flood the Administration and Capitol Hill for aid while huge swaths of the economy stall from the coronavirus crisis.

The size and scope of the package are morphing rapidly as the economic and market damage mounts. Senate Republicans and the White House are exploring how to fast-track existing legislation with the upcoming stimulus packages.

The Administration is expected to ask for a third package of $850 billion, which would consist of direct spending and tax breaks.

Stay tuned.